Last weekend, our daylight saving time dilemmas began again as we lost an hour of sleep but gained evening time to shop, exercise and go to athletic events.
Replacing the inconsistencies of the current calendar, in finance and production, the 13-month calendar would create positive externalities for businesses.
Beyond less sleep, when we moved our clocks ahead last night, we created many unintended consequences. It all began during the 1880s when the railroads said that they should coordinate time. With railroad companies observing 52 different times and even…
At Sochi, (the right) time will be money. But when the International Olympic Committee asked for a time change, Russia refused. Saying it would cost them more than $300 million to switch to “Winter Time,” the Russian organizing committee explained…
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